Avanath Capital Management has acquired Retreat at Valencia, 336-unit mixed-income apartment community near downtown Orlando. The property was acquired for $73.5 million and marks the firm’s seventh investment in the Orlando market. The strategic investment reinforces Avanath’s long-term commitment to expanding access to quality, affordable housing in high-growth regions.
“Orlando continues to stand out as one of the strongest multifamily markets in the United States, driven by sustained population growth and job creation. In fact, the market has some of the highest job growth among 30 of the nation’s largest metropolitan area,” said Daryl J. Carter, founder, chairman and CEO of Avanath. “With these fundamentals in mind, this acquisition aligns with our strategy of investing in well-located, high-quality affordable and mixed-in